The Ghaziabad Development Authority (GDA) will get a revenue of Rs.1,500 crore once the state government approves its new building laws. These laws allow construction beyond the FAR (floor area ratio) limit of some charge.
The amount will be collected by imposing fine on those who have already violated the construction norms. In a recent held meeting the authority proposed certain amendments, these amendments would definetely benefit group and plotted development. It will also provide flexibility in synthezize schedule for constructions completion.
Posted: 08 Sep 2012 06:23 AM PDT
By Accommodation Time
Loans & Property Curry
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